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|Interesting Facts about India||| Print ||
|Written by Anil Passi|
|Monday, 29 October 2007|
Reading an article in Bloomberg magazine presented me with some Intriguing facts about India.
It was a pretty long article, so I have collated the stats presented in that article.
Some other facts
Infosys aims to hire 26,000 employees in year end 31 March 2008. Infosys spent $145 million in training its employees in the year that ended March 31.
IT Companies in India altogether spend upto $1.5billion in training its people.
Tata consultancy, plans to add 5000 people in Mexico, given the skill shortage within India.
Rs 9Lacks per annum salary in India equates $115,000 in USA. on the basis of purchasing parity[Mckinsey Report]
Fate of education
An employee at call centre, after few yrs of experience can earn Rs30K per year. This is twice as much of the University Lecturer.
University Grants Commission is effectively discouraging teaching as a profession.
In year 2007, 235 Graduates from IIM Ahmedabad received 493 offers from 91 firms.
Off these 493 offers, 120 were from overseas [up from 86 in year 2006].
Students accepted 64 of the foreign offers, at salaries as high as $300,000
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